WORLD UK economy grows in second quarter, easing recession fears

WORLD

UK economy grows in second quarter, easing recession fears

AFP

14:16, September 30, 2022

Commuters queue for buses outside Victoria underground train station, which is closed due to strike action in London, England, UK, August 19, 2022. (Photo: CFP)

Britain's economy grew in the second quarter as it did not shrink as previously estimated, according to revised official data Friday which eased recession fears.

Gross domestic product expanded 0.2 percent in the three months to the end of June, upgraded from a modest 0.1-percent contraction, the Office for National Statistics said in a statement.

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